| Credit Theft - Military |
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| Written by Jessica Lambert |
| Friday, 13 March 2009 15:25 |
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Be careful with your credit - Military Identity Theft
Be careful with your credit - Military Identity Theft While those of us who serve in Americas military forces may be used to some extra risks in life; it is the unexpected ones that can catch us off guard. One such risk is the increased risk for credit identity theft. Douglas Aaron, a credit repair lawyer states that, Military are often focused on by criminals for credit identity theft because they are usually out of the country for long periods of time. Thieves who go to the trouble of stealing other individuals information don't like to be quickly shut down. People who go on a tour-of-duty for a year or more allow such an opportunity. Once a criminal has gathered your personal information, such as your social security number, name and birthday, they will start opening many new lines of credit, take out personal loans and probably buy cellular service. More sophisticated identity theft will add some form of picture ID for larger bank loans, car loans or camper loans. In any case, coming home to a mountain of bills or trying to make purchase with credit only to discover it has been ruined by thieves is something no one should have to experience. To add insult to injury, repairing the situation often requires months to a year or more to iron out all the issues created by this type of crime. Cory Baker, a North Carolina resident said: "I served my country for two years, out of the country. This was not the type of homecoming I hoped for. Proving to the courts that I did not make $7,000 in phone bills to Greece takes a lot of time and is utterly distracting." Most of these kind of problems could have been prevented or stopped quicker with a little more attention to ones finances, especially monitoring ones credit history. Knowing what is on our report, fixing and contesting errors, actively trying to increase your credit score is something we can all take the time to do, says Douglas Aaron. If you are not sure of your score, how will you know if it is in trouble? At the very least, order your scores today. Today's economic problems demand our attention; they demand we are prepared for emergencies. DISCLAIMER: This article is provided as information only and is not to be taken as financial advice. For a free credit consultation call 1-866-246-7311. Or for a free credit repair letter or to learn how to remove bad credit from debt collectors such as Palisades Collection. |